Waste Management, Inc (NYSE: WM) is 25.70% higher on its value in year-to-date trading and has touched a low of $168.73 and a high of $230.39 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WM stock was last observed hovering at around $228.22 in the last trading session, with the day’s loss setting it -3.1%.
Currently trading at $225.12, the stock is 1.32% and 4.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -1.36% at the moment leaves the stock 7.16% off its SMA200. WM registered 31.66% gain for a year compared to 6-month gain of 11.83%. The firm has a 50-day simple moving average (SMA 50) of $214.681 and a 200-day simple moving average (SMA200) of $209.95564.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 4.29% loss in the last 1 month and extending the period to 3 months gives it a 7.51%, and is 0.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.16% over the week and 1.54% over the month.
Waste Management, Inc (WM) has around 48000 employees, a market worth around $90.26B and $21.39B in sales. Current P/E ratio is 34.39 and Fwd P/E is 28.03. Profit margin for the company is 12.35%. Distance from 52-week low is 33.42% and -2.29% from its 52-week high. The company has generated returns on investments over the last 12 months (11.02%).
with sales reaching $5.91B over the same period.The EPS is expected to grow by 18.35% this year, but quarterly earnings will post 8.05% year-over-year. Quarterly sales are estimated to grow 13.24% in year-over-year returns.
Waste Management, Inc (WM) Top Institutional Holders
2651.0 institutions hold shares in Waste Management, Inc (WM), with institutional investors hold 83.76% of the company’s shares. The shares outstanding are 401.35M, and float is at 400.51M with Short Float at 0.76%. Institutions hold 83.58% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.27 million shares valued at $7.74 billion. The investor’s holdings represent 9.0283% of the WM Shares outstanding. As of 2024-06-30, the second largest holder is BILL & MELINDA GATES FOUNDATION TRUST with 35.23 million shares valued at $7.52 billion to account for 8.7713 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 30.68 million shares representing 7.6369% and valued at over $6.54 billion, while STATE STREET CORP holds 4.6121 of the shares totaling 18.53 million with a market value of $3.95 billion.
Waste Management, Inc (WM) Insider Activity
#####
Still, SEC filings show that on Nov 08 ’24, Carrasco Rafael (Officer) Proposed Sale 2,455 shares at an average price of $225.75 for $0.55 million. The insider now directly holds shares of Waste Management, Inc (WM).
